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UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED 31ST MARCH, 2004 |
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(RS. IN LACS) |
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PARTICULARS |
QUARTER ENDED |
QUARTER ENDED |
ACCOUNTING
YEAR ENDED |
ACCOUNTING
YEAR ENDED |
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31.03.2004 |
31.03.2003 |
31.03.2004 |
31.03.2003 |
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UNAUDITED |
UNAUDITED |
PROVISIONAL |
AUDITED |
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INCOME
FROM OPERATION |
5782.30 |
4288.36 |
21185.17 |
17828.63 |
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OTHER
INCOME |
50.15 |
22.71 |
114.12 |
86.00 |
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TOTAL
INCOME |
5832.45 |
4311.07 |
21299.29 |
17914.63 |
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TOTAL
EXPENDITURE |
5087.06 |
3971.57 |
19037.19 |
16232.57 |
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DECREASE
IN STOCK IN TRADE |
-1148.19 |
-150.42 |
-1784.71 |
-734.49 |
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CONSUMPTION
OF RAW MATERIAL |
5481.39 |
3252.41 |
17951.14 |
14321.04 |
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STAFF
COST |
181.49 |
171.66 |
654.11 |
596.86 |
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OTHER
EXPENSES |
572.37 |
697.92 |
2216.65 |
2049.16 |
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INTEREST |
130.74 |
71.55 |
526.58 |
444.10 |
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DEPRECIATION |
26.24 |
18.88 |
97.64 |
78.54 |
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PROFIT
BEFORE TAX |
588.41 |
249.07 |
1637.88 |
1159.42 |
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PROVISION
FOR TAX |
44.13 |
13.03 |
122.84 |
84.36 |
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PROVISION
FOR DEFERRED TAX |
44.97 |
25.16 |
122.62 |
55.84 |
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INCOME
TAX FOR THE PREVIOUS YEAR |
- |
- |
- |
- |
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NET
PROFIT |
499.31 |
210.88 |
1392.42 |
1019.22 |
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PAID
UP EQUITY SHARE CAPITAL |
462.50 |
439.50 |
462.50 |
439.50 |
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RESERVES
EXCLUDING REVALUATION
RESERVES |
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4316.16 |
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EPS
- Rs. ANNUALISED |
10.80 |
4.80 |
30.11 |
23.19 |
AGGREGATE
OF NON-PROMOTERS SHAREHOLDING |
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NUMBER
OF SHARES |
2939443 |
2884510 |
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%
OF SHARE HOLDING |
63.556% |
65.632% |
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NOTES: |
1. During the quarter under review, the turnover and the net profit after tax of the company has increased by 34.84% and 136.77% respectively as compared to the corresponding quarter of the previous yeas.
2. The net profit after tax during the financial year 2003-04 rose by 36.62% from Rs. 1019.22 lacs to Rs. 1392.42 lacs and the turnover rose by 18.83% from Rs. 17828.63 lacs to Rs. 21185.17 lacs.
3. The Company is exclusively in the Pharmaceutical business segment.
4. The company has received 4 complaints during the quarter under review which were duly redressed to the satisfaction of the shareholders during the same quarter and as such, there were no pending complains as on 31st March, 2004.
5. The shares of the company have been got delisted from Delhi and Ahmedabad Stock Exchanges. However, delisting of shares from the Jaipur Stock Exchange is pending.
6. In the Board meeting held on 31st March, 2004, 2,30,000 shares have been allotted to the promoters of the Company upon conversion of equal numbers of Zero Coupon Optionally Convertible warrants. It is due to this fact that despite the increase in the number of the shareholdings of Non-promoters, as mentioned above, the percentage aggregate of Non-promoters shares has come down marginally.
7. The above financial results were taken on record by the Board at its meeting held on 30th April, 2004.
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On behalf of the
Board |
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Sd/- |
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Dated: 30.04.2004 |
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(Gopal
Munjal) |
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Place: Chandigarh |
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Chairman |
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